Friday, September 08, 2006

RealMoney.com: Joan Lappin Positive On Satellite Radio

Reception Will Improve for Satellite Radio
By Joan Lappin RealMoney.com Contributor
9/8/2006 9:21 AM

Four months ago, I made my first foray into the debate on RealMoney over which is better: Sirius Satellite Radio (SIRI) or XM Satellite Radio (XMSR) . I received dozens of email messages, some in agreement with my argument that Sirius was being punished for XM's missteps and others castigating my analysis as ignorant and uninformed. In the stock market, time settles all disputes. XM's share price was cut in half, falling to below $10, though it has recently recovered to about $12, giving it a decline of roughly 40% since late April. Sirius fell back below $4, but has bounced back above that level, giving it a drop of only about 10%.
Nonetheless, I believe the worst is over for the industry, and that it is approaching critical mass. A holiday season sales bump is at hand, and both companies should turn cash-flow positive in the fourth-quarter and for all of 2007. With the stocks near their lows, we have a compelling picture for the patient investor....read more: HERE

9/08/2006 11:18:00 AM

SSG Has Merged. You Can Read All Of The Latest SSG Content By Clicking Here


Post a Comment

SSG is not a Financial Advisor. Read Disclosure: HERE


Sirius Radio TSS-Radio Blog Sirius Answers Credit card merchant account


Search by Label


Logo Design:
Jeremy Sprout

Designed by
miru designs

Powered by